Download 0508340BFELDMAN (340 B in New Mexico)

340B In New Mexico
Senator Dede Feldman
New Mexico State Legislature
8/5/05
340 B in New Mexico
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Initial interest – 2001 interim
Aggressive Rx agenda beginning 2002
Joint Memorial: Requesting the Medicaid
program and other relevant departments to
“identify all avenues to maximize “ use of the
340B drug discount program
Called for a report to the interim Legislative
Health & Human Services Committee
340 B in New Mexico
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Medicaid Reform Committee – 2002 interim
Created by statute to identify ways to control
escalating costs in Medicaid
Prescription drugs a significant focus
Statute required the department to make
reasonable efforts to assist eligible entities to
enroll in the 340B program, and
To assure that enrolled entities bill Medicaid at
the 340B purchase price
340B in New Mexico
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2003 Interim – again addressed
prescription drugs
Medicaid reform statute not fully
implemented
Interim committee endorsed a mandate re:
340B
H88, introduced in 2004 session, required
all eligible entities to enroll in the program
340B in New Mexico: Other
Initiatives
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Legislative Health & Human Services Committee
has explored extending 340B to prisons
Greater use in primary care clinics sought
Use by other departments of state government
is being encouraged
Monitoring status and effectiveness in New
Mexico hospitals, and savings to the Medicaid
program
Summary & Conclusion
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New Mexico has been very proactive in passing
prescription drug legislation that will:
1.) reduce the cost of prescription drugs to consumers;
and
2.) reduce the cost of prescription drugs to the state
We are beginning to see very positive results
We will continue to monitor implementation of the
statutes, and to pursue extension of this valuable
program to other parts of state government